MATCHING Complete the Following Using the Terms Listed

question 43

Multiple Choice

MATCHING
Complete the following using the terms listed.
-Most firms use an annual ____________ to evaluate an employee's job performance and provide feedback.

• A)job requirements
• B)equity theory
• C)collective bargaining
• D)Theory Y
• E)downsizing
• F)outsourcing
• G)flexible work plans
• H)grievance
• I)wage
• J)human resource management
• K)performance appraisal
• L)employee separation
• M)lockout
• N)arbitration

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Definitions:

Process

A series of actions or steps taken to achieve a particular end, often used within manufacturing, business strategy, or software development.

Job Order Cost System

An accounting system that tracks costs individually for each job and is often used by companies that produce custom products or jobs.

Process Cost System

A method of accounting used in manufacturing where costs are accumulated and assigned to batches of products, suitable for homogeneous products.

Equivalent Units

A concept used in process costing that converts partially completed units into a number of full units, facilitating cost allocation.